Articles about Hard Money

Residential | May 2018 Two Types of Underwriting
Underwriting is just a fancy way of saying, “What are the chances this money I am lending comes back to me and what risks are involved?”
At its core, there are two different methodologies in unde...
By Ian Walsh, vice president, Hard Money Bankers LLC

Residential | May 2018 A Never-Slowing Pipeline
Real estate investors coming over from other countries — especially China, Mexico and Canada — and paying cash for properties in the U.S. is not a new thing, but it does seem to be a growing trend. Ac...
By Eric Tran, CEO, Universal Commercial Capital

Residential | March 2018 Are We Ready for Non-QM Lending?
Unlike non-qualified mortgage, or non-QM, production in the jumbo-prime space — which matured several years ago — non-QM production for nonprime and hard money loans is still growing because of demand...
By Brent Houston, chief executive officer, ALTRA Mortgage Capital LLC

Commercial | February 2018 Take a Local Approach to Hard Money
There are a lot of options when looking to get a hard money loan for a fix-and-flip or rehab project. Commercial mortgage brokers can feel overwhelmed in knowing who to trust and where to go to find t...
By Steve Bond, president, Trius Lending Partners

Commercial | January 2018 Catch the Fix-and-Flip Wave
Definition
Home flipping
Fix-and-flip is a real estate strategy in which an investor purchases a residential property ...
By Tyler Stone, founder and president, Capstone Financial

Commercial | January 2018 Scale the Multifamily Mountain
Agency-based loans through the Federal Housing Administration (FHA), the U.S. Department of Agriculture’s Rural Housing Service (RHS), Fannie Mae and Freddie Mac have plenty of advantages, making them...
By Alex Cohen, CEO, Liberty SBF

Residential | January 2018 Hard Facts about Hard Money
What is hard money? Mortgage originators often get this question from prospective clients when discussing potential financing options for the purchase of a property.
The hard money industry’s ro...
By Houtan Hormozian, vice president, Crestico Inc.

Residential | January 2018 Always Search for the Best Option
Real estate investors have more options for financing than ever before. Although most fix-and-flippers use cash to purchase and renovate their investment properties, many use conventional mortgages an...
By Robert Greenberg, chief marketing officer, Patch of Land

Commercial | February 2017 Financing Courage
Have you ever hit a brick wall with a traditional lender when working with a borrower that has a lingering lien, a property with environmental issues or even a pending bankruptcy? When conventio...
By Kevin Wolfer, president and CEO, Kennedy Funding Financial LLC

Commercial | February 2017 Find the Best Alternative
SIDEBAR
Key Questions
As lenders show interest in a client’s project, it is important t...
By Mark Fogel, president and CEO, ACRES Capital

Commercial | January 2017 Take Advantage of Second Chances
Hard money loans play an important role in the marketplace. First, they offer financing to those who otherwise would be without access to such credit, and they finance short-term borrowing needs with ...
By Ted Kapnek, Entrepreneur

Commercial | January 2017 Hitting the Wall of Maturities
Many market watchers are anxiously keeping an eye on the wave of maturing loan debt that secures billions of dollars in commercial mortgage-backed securities (CMBS). Some market observers believe that...
By Ann Hambly, founder and CEO, 1st Service Solutions

Commercial | January 2017 The Search for a Better Loan
What do you do when you’ve outgrown the nest of your short-term bridge loan? It’s time to find a new home — one with a longer term and a lower interest rate. When seeking longer-term financing options...
By Michael Boggiano, national sales manager, Silver Hill Funding

Commercial | January 2017 Leap Into Alternative Lending
As banking regulations have tightened, banks have grown reluctant to fund as many loans as they used to, leaving commercial mortgage brokers and borrowers feeling the pinch. Alternative lending source...
By Gary Bechtel, president, Money360